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The winnings from the games decrease as the number of players increases: so why?

  • November 23, 2022
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Video games were defined in the 1990s as technological “toys” that were perceived as “children’s entertainment”. But nowadays almost everyone, from seventy to seventy, plays a game. When

Video games were defined in the 1990s as technological “toys” that were perceived as “children’s entertainment”. But nowadays almost everyone, from seventy to seventy, plays a game. When you talk about games, you naturally think of games like Cyberpunk 2077, Valorant or Metin 2, but within the ‘game’ category, such as Candy Crush and PUBG Mobile. also mobile games we must not forget.

According to a recent study, a record was broken in 2022 in the number of players, but reduced winnings from games it’s been a year. So how come less money is being made while more players are playing games?

It’s all because of the global economic crisis and inflation

Especially during the pandemic period, video games and game broadcasting gained momentum in the days when everyone was cooped up in their house. People tired of sitting at home started playing games on their computers, consoles and smartphones. Of course, even though the pandemic is over, the acting remained.. According to the data of 2022, currently in the world There are 3.198 billion players. However, the global economic crisis has also damaged the gaming industry, as in any field.

According to research from Newzoo, gaming profits fell for the first time in 15 years. In 2021 the game industry in total $192.7 billion it had made a profit, but according to the study conducted in the fall of 2022, this figure was dropped to $184.4 billion. At first glance, this giant industry is alone $8.3 billion The regression may seem trivial to you, but it’s actually quite important.

Game makers and huge studios constantly prefer to make games that can be played for a long time and can be monetized. Some companies price a game for $60 and offer you a few hours of fun, while others offer a free game to download and play.Battle passand every year of players with chests earn billions of dollars.

The gaming industry is in better shape than the cinema and other entertainment industries.

The gaming industry, the largest entertainment industry in the world, was the industry that suffered the least damage from the economic crisis that swept the world after the pandemic. The inflation experienced in 2022 affected digital broadcasting platforms as well as the gaming, film and television industries. In sectors other than gaming 6% until %11th Although there is a decline in the gaming industry, 4.3% was the sector least affected by this situation.

Admittedly, according to the results of the study, paid games have declined slightly, the point where the industry lost blood. there are free games. According to the study, the drop in money spent on “in-game payments” in free games on computers and mobile devices caused the gaming industry to decline for the first time in 15 years.

According to Newzoo’s analysis, the gaming industry in 2023 may exceed $200 billion. Of course, let us remind you that these analyzes can be valid in case the economic crisis is overcome.

Source: Web Tekno

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